The Ouachita telegraph. [volume] (Monroe, La.) 1865-1889, 1887-09-10

to- mortgage and pledge its railroads, its
capital stock. its corporate franchises, and
any or all of its real or personal property,
or both.
ARTICLElv.
All citations shall be served upon the
President, or in his absence, upon the Sec.
rotary. Treasurer or Ge eral Attorney OF
said corporation.
ARTICLEv.
Section l. The amount of capital stock
of said corporation shall be three millions
{$S, OO0, 100000 dollars consisting of thirty
t3o) Thousand t3O, OOO) shares Of the par value
Of one numbered lSloO'09) dollars each.
Sec. .. The time and manner of paying
subscriptions for stock of this corporation
shall be determined by the Board Of Direct
ors; except that no stock or bonds shall be
services rendered, or for money or property
actually received, or for labor done.
Sec. ). In case OF u failure on tho part OF
any subscriber to pay the whole or any
portion of his subscription at tho times or
in the manner fixed by the Directors, the
shares OF stock so subscribed for under
such subscription, and all payments there-
the company without any further action on
the part of the company; but all liability
of said subscriber to said company by rea-
son of such unpaid subscription shall, upon,
such forfeiture, cease and wholly defer
mine.
Sec. 4. Until such forfeiture, no stock
holder shall be held liable or responsible
lOT VIE GOuLIdGtS uuu lHulLS VI iA0 COMPANY
in any further sum- than the unpaid bal
ance or balances due to the company on
shares owned by him or her.
ARTlCLEV
Section ]. The corporate powers of the
company shall be vested i'll Board OF Di-
rectors composed of seven stockholders to
Oe elected III accordance with the bylaws
of the company; aud in such other officers
appointed by such Board. No person shall
be II Director who is not the actual owner
OF at least ten shares of the capital stock of
said company. Directors shall he elected
annually, but in case any such annual
meeting is not held at the time appointed,
the Directors in office shall continue there.
in until others are elected to fill their
places. Upon the death. resignation, or
other disability of any officer, Or director,
the remaining directors shall have power
to fill the vacancies caused thereby. The
Directors shall elect one of their mum Der to
be President of said corporation. and AM
other to be Vice-President; and may elect
from themselves, or appoint from others
outside of the Directors, one person to be
a and another to be
have power to make and prescribe such
bylaws, and rules, and regulations for the
government Of the company as they may
to alter, amend and revoke the same from
time to Time as they shall see fit.
Sec. 2. An election for Directors shall be
by ballot and every stakeholder shall be
entitled to one vote, in person Or by proxy,
for each share Of stock owned by him for
at least thirty days previous to said clec-
ton.
Soc. 3. Three Directors shall constitute n
quorum for the transaction of business.
Sec. 4. Tho annual meeting for the cleo
ton of Directors, and the transaction of
the meeting, shall be held on the first
Tuesday in the month OF December Of eacl,
year.
ARTICLE VII.
st,s ts.~,,
general meeting of the stockholders. con.
vened Tor that purpose, with the consent of
three-fourths OF the stock of the company,
and upon the vote oftwo thirds of the stock
represented at such meeting; and in case
of such dissolution, the liquidation shall be
conducted by three commissioners elected
by ballot AT such meeting; at the termina-
ton of this charter the liquidation shall he
conducted by similar board of three COM
nissioners to DO in the same way elected at
general meeting of the st stockholders con-
vened tor that purpose.
CHAS. n. KlGHT.
A. w, FILES.
In presence of
G. =. COLLINS,
II. j.. II. EARK.
l.. L. MuLLIGAN,
EUG. W. MULLIGAN.
as to witness of Elliot II. Morgan
GEO. II. wADDELL,
l.. A. MAY.
as to witness of Jack X " Y i Seh nn%spsr
GARRETT HARDCAsTLE,
A. J. HENLEY,
as to witness Of james Converse.
srH GoU N X6 OF 4 nHEAsk1. Be it known
that on this 10th May, 1887, PERSONAL came
and appeared William A. Bright, elias. n.
kight and A. w. Files. and who in my
presence signed the foregoing Articles Of
fncOrDOratinn- In witness yhnraOf
hereto set my hand and official seal Oh the
J SEAL. II. c. HINTON.
stats STATE OF pENNsyLvA MAJ : r""''''
COUNTY OF I.UZERO, SIS. Be it
known that on this Sd day of June, 1887,
personally came Elliot Il. Morgan, and who
in my presence signed the foregoing Ar
Of l have hereto set my hand and notariai
49, seal on the day and year above
- y. i: MULLIGAN, Not. Pub.
> CoUN i ~ oFJEFFER;soN. ) Boitknown
that on this 2Sth day of June, 1897, person.
ally came Jack w. johnson, who in my
presence signed tho foregoing Articles of
f~- hereto set my hand and seal on
! SEAL. the day and year above mentioned
- L; A. MAY, Notary Public.
st couS ~ t or H al ) Be it known
that on this I'd day of August, 1857, person.
ally came Jam es Converse, and who in my
presence signed the foregoing Articles of
Incorporation. In witness whereof have
fD-4 day and year above written.
SEAL. GARRETT HARDCASTLE.
l>--) Notary Public, Harris Co., Texas.
4. 5. MARSHAL'S MONITION.
IN THE UNITED STATES DISTRICT